The petroleum era is drawing inevitably to a close. Over the next few decades most of the oil refineries in the United States will close. Car companies are quickly shifting their focus to electric vehicles (EVs), and as new EVs replace older gasoline cars, demand for gasoline and diesel will decline, slowly at first and then more quickly. Based on a recent UCS study of this transition, half of the oil refineries in the US are likely to close in the next 20 years, and half of the remaining refineries will close within a decade after that.
Refineries are major sources of pollution, and the petroleum-based gasoline, diesel and jet fuels they produce are the largest source of global warming pollution in the United States. Phasing out petroleum is essential to stabilizing the climate and will bring major health benefits to communities disproportionately harmed by pollution…
Read the full article originally published at blog.ucsusa.org.